Marca says Atltico Madrid are focusing on signing Srloth.
The Norway striker netted four goals against Real Madrid last weekend (the match ended 4-4).
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The 28-year-old has 23 goals and six assists in 33 games in La Liga. There have also been three goals in six games in the Europa League this season.
Srloth, who arrived at Villarreal last summer, is on a contract that runs until 2028.